PHP

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PHP

The ISO 4217 currency code for the Philippines Peso.

PHP

ISO 4217 code for the Philippine peso. While its origins date to 1852, the modern peso came into being following the independence of the Philippines in the 1940s. It was originally pegged to silver and gold, but overprinting and hoarding of currency caused it to become a floating currency in 1964. Since independence, the Philippines government has consistently devalued the peso in order to reduce the nation's debt in domestic terms. This has made it a weak currency.
References in periodicals archive ?
The total fee for an exit clearance is Php2,700 (about Dh270).
At the same time, Php2 billion is being allotted for TV programme development.
Featured specials for Father's Day Weekend from June 19 - 21, 2015 are at the following rates: Lunch at Php2,100+++ per adult and Php1,400+++ per child and dinner at Php2,750+++ per adult and Php1,450+++ per child on June 19, 2015.
According to Arsenio Balisacan, Director General of the National Economic Development Authority, the Philippines is losing Php2.
National High School in Dinalupihan, Bataan finished second and got PhP3,000 worth of gift certificate while Czar Andrei Herrera of Cristo Rey High School in Capas, Tarlac grabbed the third spot and received PhP2,000 worth of gift certificate.
The regulatory body has alleged that the executive created nearly PHP2.
Until June 31, 2012, get a free pint of Hoegaarden beer for every seven bottles consumed, and a cool Snaps Sports Bar t-shirt for a single receipt of Php2,999.